The State of AI Data Centers
Premium Report
Big Tech’s hyperscalers are racing to build gigawatt-scale AI data centers, with five facilities set to exceed 1GW by 2026, each requiring a nuclear reactor’s worth of power.
But infrastructure reality is catching up with AI ambitions: a projected 19GW gap between new data center demand and available grid capacity threatens to deflate the AI bubble.
The structural bottleneck isn’t computing, it’s electrons. Companies that solve the power equation will dominate the AI era; those that don’t will watch their chips sit idle.